As an SME size business manager you have probably fantasized about having your customers signup for your services and products in a professional streamlined online order process. Part of this streamlined order process is the collection of recurring payments via automatic no fuss debit order. Sadly the debit order idea bubble tends to pop for most SME managers when they investigate the fees involved with making a system like that mentioned above.
The happy idea also begins to turn into a problem when the business owner realizes that billing for all these accounts as well as billing reconciliation will have to be done manually. Can you say hundreds of man hours? This is the motivation why most small businesses think this type of invoicing is not affordable and won't suit the requirements of their inique flavor of business.
I'm here to tell you that now is the time to think again! Out in the realms of the internet there are a handful of good individuals who have heeded the need of the SME owner and come to their aid with out-the-box billing and online invoicing services that not only automates your billing, but submits and collects debit order payments. This is a relatively new industry, so most software are still untested, but there are a few professional industry leaders that are definitely worth using.
The kind of individual who wants to use a system like this is forward thinking, technology savvy, but no nerd and ready to make a positive shift in themanner in which they make money.Companies that offer recurring subscriptions to a service or give clients the means to pay off a large purchase on a recurring basis will gravitate towards this kind of full service system; allowing them to make invoices, collect debit orders and reconcile payments all with the tiniest amount of billing staff conceivable.
Direct debit facilities are the most cost effective methods of collecting payments from customers. With direct debits it is possible to effect payment from your debtor on your terms. You may even trace their account for a specific amount of days to watch for incoming funds. In conjunction with a good invoicing system, direct debit can be an incredible payment collection method in ensuring the best possible cash flow for your business.
So let's put those administration issues in the past. Get online and search for a professional web-based invoicing and debit payment collection and automation service today. It's as simple as doing a search for "online invoicing".
The happy idea also begins to turn into a problem when the business owner realizes that billing for all these accounts as well as billing reconciliation will have to be done manually. Can you say hundreds of man hours? This is the motivation why most small businesses think this type of invoicing is not affordable and won't suit the requirements of their inique flavor of business.
I'm here to tell you that now is the time to think again! Out in the realms of the internet there are a handful of good individuals who have heeded the need of the SME owner and come to their aid with out-the-box billing and online invoicing services that not only automates your billing, but submits and collects debit order payments. This is a relatively new industry, so most software are still untested, but there are a few professional industry leaders that are definitely worth using.
The kind of individual who wants to use a system like this is forward thinking, technology savvy, but no nerd and ready to make a positive shift in themanner in which they make money.Companies that offer recurring subscriptions to a service or give clients the means to pay off a large purchase on a recurring basis will gravitate towards this kind of full service system; allowing them to make invoices, collect debit orders and reconcile payments all with the tiniest amount of billing staff conceivable.
Direct debit facilities are the most cost effective methods of collecting payments from customers. With direct debits it is possible to effect payment from your debtor on your terms. You may even trace their account for a specific amount of days to watch for incoming funds. In conjunction with a good invoicing system, direct debit can be an incredible payment collection method in ensuring the best possible cash flow for your business.
So let's put those administration issues in the past. Get online and search for a professional web-based invoicing and debit payment collection and automation service today. It's as simple as doing a search for "online invoicing".
About the Author:
You can find out more about recurring invoicing, by visiting Susan Bapsnill's site on how to choose the ultimate recurring billing system for your needs.
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